You'd be surprised at just how "frugal" some of the large V8 engines can be in context when compared with smaller V6 engines.
Fuel consumption is certainly not linear, and generally the larger engined cars will have gearing which favours lower engine speeds. Its sometimes quite surprising how much fuel a V6 will use, a much more powerful and larger V8 often wont actually use much more.
Go on then, what sort of MPG can an E63 650i achieve on a motorway run at the speed limit?